Solvency Letters. The Company shall have received a solvency letter, in form and substance and from an independent evaluation firm reasonably satisfactory to it, as to the solvency of the Company and its Subsidiaries on a consolidated basis after giving effect to the transactions contemplated by this Agreement, including all financings contemplated hereby.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Integrated Circuit Systems Inc), Agreement and Plan of Merger (Microclock Inc)
Solvency Letters. The Company and Purchaser shall each have received a solvency letter, in form and substance and from an independent evaluation firm reasonably satisfactory to itboth parties, as to the solvency of the Company and its Subsidiaries on a consolidated basis after giving effect to the transactions contemplated by this Agreement, including all financings contemplated hereby.
Appears in 2 contracts
Samples: Agreement of Recapitalization and Merger (Panavision Inc), Agreement of Recapitalization and Merger (Mafco Holdings Inc)
